The fiscal year 2022 started in DRC with the entry into force of Law No. 21/029 of 31 December 2021 on the finance law for the year 2022.
The fiscal year 2022 started in DRC with the entry into force
of Law No. 21/029 of 31 December 2021 on the finance law for the
year 2022.
Among the new measures, we note:
- The deliveries of Fuel Oil Internal Market are now exempt from
VAT
- A VAT reduced rate of 8% is applicable to certain food products
(husked rice, herring, cod, anchovy, tilapia, beef, iodized salt,
...)
- Penalties for failure to submit a VAT return on time. The fine
is 1,500,000 Congolese Francs (712€) to which is added the
loss of a quota of 10% of the amount of credit. As regards the nil
declarations, the fine is 500 000 Congolese Francs (238
€)
- Extension of the professional income tax due on foreign
suppliers' services to professional activities exploited or
used in DRC.
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